FSA Limits Increased for 2023
Are you currently contributing to an FSA? Good news! The IRS announced the 2023 maximum contribution limits, that has considerably increased from 2022 limits.
Medical FSA and Limited Purpose FSA:
2022: $2,850
2023: $3,050
FSA Maximum Carryoer Amount:
2022: $570
2023: $610
Dependent Care Account (DCA):
No change: $5,000/family, $2,500/individual
Transit:
2022: $280/month
2023: $300/month
Parking:
2022: $280/month
2023: $300/month
Health Savings Account (HSA):
2022: Individual: $3,650, Family: $7,300
2023: Individual: $3,850, Family: $7,750
Questions about FSA’s? Contact us now.